When Steve "O" announced the layoffs at the beginning of April in the local newspaper he stated " that these were terminations and not layoffs". Well, Pyle has brought back some part time dockworks to help with the volume of freight.
With the reduction in rates and the increase in volume, they are having trouble keeping up. When YRC goes out, things will really go bad! Pyle will not be able to manage the volume.
They will need drivers and I am sure Pyle will not hire ex- union drivers (YRC).
The other day, I was at a major account of Pyle's. In the past, Fedex, Pjax, Estes and Pyle were the only LTL players.
This was my first time there in 45 days. WOW. I saw 10 YRC trailers, NEMF and some other carriers. This shipper just like other shippers only care about rates and not whether the company survives. They do not care if Pyle people deliver, it is about rates.
All the part timers that were let go and now are being called back "as needed" Delivered for Pyle. Look what happen to them.
In the end, will Pyle survive?